Strong correlation between rise in cosmetic procedures and improving economy
June 14, 2011
While many U.S. citizens are putting off visits to the doctor's office, there is one sector of medicine that is seeing a surge - plastic surgery. According to medical experts who spoke at the Reuters Health Summit earlier this week, facial aesthetic procedures such as Botox injections are "beyond the peak pre-recession."
David Pyott, chief executive of Allergan Inc., which makes Botox, remarked that sales of dermal fillers from his company are 20 percent higher than they were before the recession. Cosmetic surgeries hit bottom in 2009, immediately after the housing collapse that caused the large recession.
He added that the increase in demand for Botox could be seen in several different economic brackets, a trend which he believes "correlates with people's confidence about the future, maybe how much money they have got on their credit card at the time." Nowadays, visiting a board-certified plastic surgeon for a Botox treatment was similar to spending money on taking the family to a baseball game or small vacation, something that is also indicative of a rebounding economy.
Elective surgeries, such as gastric bypass, are also increasing in number. Weight loss surgery is not something typically prescribed by doctors, so individuals who choose to undergo these procedures likely feel that they have the financial security to do so.
"The bariatrics area is a good one because it shows there are people going back to work full-time, getting insurance, and having the ability to... pay the co-pays that a procedure like that would require," said Jose Almeida, another representative at the summit. "So that makes us cautiously optimistic about the future."
Lower body lifts can help eliminate skin hanging from the stomach and also flatten one's belly. This will also help lift the thighs and define the buttocks. Typically, this procedure carries a three to four week recovery time, according to the American Society for Aesthetic Plastic Surgery.
Arm lifts, neck lifts and buttocks lifts are all popular forms of surgery that can help with loose skin after weight loss. According to the article, elective procedures are most popular with the middle class and gaining in popularity with the economic rebound.
The American Society for Aesthetic Plastic Surgery (ASAPS), is recognized as the world’s leading organization devoted entirely to aesthetic plastic surgery and cosmetic medicine of the face and body. ASAPS is comprised of over 2,600 Plastic Surgeons; active members are certified by the American Board of Plastic Surgery (USA) or by the Royal College of Physicians and Surgeons of Canada and have extensive training in the complete spectrum of surgical and non-surgical aesthetic procedures. International active members are certified by equivalent boards of their respective countries. All members worldwide adhere to a strict Code of Ethics and must meet stringent membership requirements.
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